Duncans Tea Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 5.65 Cr
- Company Age 40 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.50 Cr
- Satisfied Charges ₹ 20.00 Cr
- Revenue Growth -11.57%
- Profit Growth -22.83%
- Ebitda -22.86%
- Net Worth 13.44%
- Total Assets -6.19%
About Duncans Tea
Duncans Tea Ltd (DTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 September 1984 and has a history of 40 years and five months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Double Diamond Sales And Distributors Private Limited. The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 5.65 Cr.
The company currently has active open charges totaling ₹29.50 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shrivardhan Goenka, Shrish Tapuriah, and Maneyapanda Appaiah serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909WB1984PLC031938
- Company No.
031938
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Sep 1984
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Agriculture
What products or services does Duncans Tea Ltd offer?
Duncans Tea Ltd offers a wide range of products and services, including Tea, Flavored Tea, Black Tea, Darjeeling Tea, CTC Tea, Travel Service, Tour Packages, Herbal Tea, Antioxidant Tea.
Who are the key members and board of directors at Duncans Tea?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrivardhan Goenka  | Director | 07-Jun-2002 | Current |
| Shrish Tapuriah | Director | 30-Jun-2016 | Current |
| Maneyapanda Appaiah | Whole-Time Director | 01-Aug-2012 | Current |
Financial Performance of Duncans Tea.
Duncans Tea Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.57% decrease. The company also saw a substantial fall in profitability, with a 22.83% decrease in profit. The company's net worth Soared by an impressive increase of 13.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Duncans Tea?
In 2023, Duncans Tea had a promoter holding of 99.93% and a public holding of 0.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Naihati Jute Mills Co LtdShrish Tapuriah is a mutual person
The Bengal Rowing ClubShrish Tapuriah is a mutual person
South City Projects (Kolkata) LimitedShrish Tapuriah is a mutual person
Hindusthan Tea & Trading Co LtdShrish Tapuriah is a mutual person
Twamev Construction And Infrastructure LimitedShrish Tapuriah is a mutual person
Star Paper Mills Ltd.Shrivardhan Goenka is a mutual person
Charges (Loans)
Open Charges
₹29.50 Cr
Satisfied Charges
₹20.00 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 18.00 Cr
- Hdfc Bank Limited : 10.00 Cr
- Axis Bank Limited : 1.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jul 2022 | Axis Bank Limited | ₹1.50 Cr | Open |
| 16 Oct 2020 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 13 Feb 2001 | Uco Bank | ₹18.00 Cr | Open |
| 24 Feb 2009 | Uco Bank | ₹2.00 Cr | Satisfied |
| 23 Sep 2008 | Uco Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Duncans Tea?
Duncans Tea has a workforce of 262 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Duncans Tea, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Duncans Tea's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Duncans Tea
Recent activity within the organization
- Annual General Meeting
Duncans Tea Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Uco Bank of Rs. 18.00 Cr registered on 13 Feb 2001 with Charge ID 90250436 was modified on 22 May 2023.
- Balance Sheet
Duncans Tea Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100594216 was registered on 07 Jul 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100397220 was registered on 16 Oct 2020.
- Director Appointment
Shrish Tapuriah was appointed as a Director was appointed as a Director on 30 Jun 2016 & has been associated with this company since 8 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Duncans Tea Ltd?
Duncans Tea Ltd was incorporated on 24 Sep 1984.
What is authorized share capital and paid-up capital of Duncans Tea Ltd?
The authorized share capital of Duncans Tea Ltd is ₹ 7.00 Cr and paid-up capital is ₹ 5.65 Cr.
Who are the current board members & directors of Duncans Tea Ltd?
Currently 3 directors are associated with Duncans Tea Ltd.
- Shrivardhan Goenka
- Shrish Tapuriah
- Maneyapanda Chinnappa Appaiah
What is the registered address of Duncans Tea Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Duncans Tea Ltd is Duncan House31 Netaji Subhas Road India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Duncans Tea Ltd?
The corporate identification number (CIN) of Duncans Tea Ltd is U51909WB1984PLC031938 and the company number is 031938 as per Ministry of Corporate Affairs (MCA).
What is the official website of Duncans Tea Ltd?
The Official website of Duncans Tea Ltd is https://www.duncanstea.in
What has been the recent revenue trend for Duncans Tea Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Duncans Tea Ltd has fallen by -11.57%.
How many employees does Duncans Tea Ltd currently have?
As Per 2023 financial reports, 262 employees are currently employed by Duncans Tea Ltd.
What change has been observed in the net worth of Duncans Tea Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Duncans Tea Ltd has experienced an upsurge of 13.44%.
What are the total open charges for Duncans Tea Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Duncans Tea Ltd amount to ₹ 29.50 Cr.
When was the last Balance Sheet of Duncans Tea Ltd filed with the ROC?
The most recent Balance Sheet for Duncans Tea Ltd was filed with the ROC on 31 Mar 2023.
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